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Western Global Airlines Files for Chapter 11 Bankruptcy Protection

Western Global Airlines Files for Chapter 11 Bankruptcy Protection
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Cargo Operator Western Global Airlines Files for Bankruptcy Protection

Western Global Airlines, struggling under a heavy debt load and weak market conditions, has filed for Chapter 11 bankruptcy protection in a restructuring move.

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Cargo operator Western Global Airlines files for bankruptcy protection

Western Global Airlines, struggling under a heavy debt load and weak market conditions, has filed for Chapter 11 bankruptcy protection in a Delaware court. The post Cargo operator Western Global Airlines files for bankruptcy protection appeared first on FreightWaves.

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Cargo airline Western Global goes bankrupt after facing cash crunch

Cargo airline Western Global goes bankrupt after facing cash crunch
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Western Global Airlines Hits Ch 11 To Retool Over $500M Debt

Florida-based contract air cargo venture Western Global Airlines and 18 affiliates landed in Chapter 11 in Delaware on Monday bearing nearly $561 million in secured debt and reporting plans to reorganize under an agreement between its founder and top bondholders holding more than 85% of the company's senior unsecured notes.

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